1 King St W #625 , Toronto

1 Bath / $479,000 / MLS® #:C3956307

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This Is A Hotel Managed Unit Netting A Cap Rate Of About 5% /$24,950-Year. The Hotel Pays Monthly By Direct Deposit. The Income Has Risen Annually. Owner Can Live In The Unit On A Temporary Basis As Per Hotel Management Policy. Owner Can Retreat From The Hotel Pool, For Permanent Residential Use By Giving The Hotel A 4 Months' Notice. The Residential Realty Tax Would Be About 1/3 Of The Now Commercial Realty Tax.

All Furniture And Chattels Are Regulated By The Hotel Management But Owned By Unit Owner And Thereby Included In The Purchase Price. Direct Access To The King Subway Station. Hotel Factor 1.3. All Offers Submit To Btsui71@Gmail.Com

Property Details

Property Type Condo Apt
Property Style Apartment
Square Feet 500-599
Property Tax $4,950
Maintenance $678.42
Days On Our Website 37
Basement None
Kitchens 1
Garages 0.0
Lot Dimensions x
Pool N/A
Area Toronto
Fireplaces N
Air Conditioning Central Air
Heating Electric - Heat Pump
Exterior Concrete
Garage Type None
Sewers N/A
Water N/A

Room Information

Floor Room Dimensions Description

Bathroom Information

Floor Description
Flat 1 x 4 piece

Listing Office: HOMELIFE NEW WORLD REALTY INC., BROKERAGE

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